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On January 2, Year 1. Torres Corporation issued 31.000 shares of $20 par value common stock for $27 per share. Which of the following statements
On January 2, Year 1. Torres Corporation issued 31.000 shares of $20 par value common stock for $27 per share. Which of the following statements is true? Multiple Choice The common stock account will increase by $37.000 The cash account will increase by $620.000 Total stockholders' equity will increase by $620,000, The paid.in capital in excess of par value account will increase by $217.000
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